Avcorp announced its financial results for the quarter ended March 31, 2009. During the quarter ended March 31, 2009, the Company recorded a loss from operations of $1,989,000 on $22,087,000 revenue, as compared to $183,000 earnings from operations on $31,151,000 revenue for the same quarter of the preceding year; and a net loss for the current quarter of $3,172,000 as compared to a net loss of $423,000 for the quarter ended March 31, 2008.
Honeywell and Lufthansa Technik enhancing collaboration on digital platform AVIATAR
Honeywell and Lufthansa Technik (LHT) are enhancing their collaboration on Lufthansa Technik’s digital platform AVIATAR to improve the customer experience in aviation analytics. Honeywell Connected Maintenance analytics are now being fully integrated into AVIATAR’s Predictive Health Analytics (PHA) suite, which will grow to more than 100 Predictors for multiple Airbus and Boeing aircraft types. Airline